Galicia Financial Group
GGAL
108 hedge funds and large institutions have $175M invested in Galicia Financial Group in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 29 increasing their positions, 40 reducing their positions, and 25 closing their positions.
0.22% less ownership
Funds ownership: 2.4% → 2.18% (-0.22%)
8% less funds holding
Funds holding: 118 → 108 (-10)
28% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 40
32% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 25
43% less call options, than puts
Call options by funds: $6.7M | Put options by funds: $11.7M
61% less capital invested
Capital invested by funds: $444M → $175M (-$269M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.29M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$6.02M |
| 3 |
BlackRock
New York
|
+$5.67M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.12M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
II
INCA Investments
Miami,
Florida
|
-$33.9M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$16.6M |
| 3 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$16.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.53M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$3.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SM
126
SG3 Management
Dorado,
Puerto Rico
| – | -$41K | -2,500 | Closed |
|
|
MFT
127
Moisand Fitzgerald Tamayo
Orlando,
Florida
| – | -$24K | -1,500 | Closed |
|
|
SFS
128
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$5K | -300 | Closed |
|
|
SMFS
129
Squar Milner Financial Services
Irvine,
California
| – | -$1K | -73 | Closed |
|
130
AssetMark Inc
Concord,
California
| – | -$584 | -46 | -69% |
|
GGAL Hedge Fund Activity: Q1 2020 in Review
108 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Galicia Financial Group (GGAL) for Q1 2020, worth a combined $175M — down 61% from $444M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of GGAL and 17 opened new positions — a net loss of 8 holders — while 40 trimmed existing stakes and 29 added.
The largest buyer was Acadian Asset Management, adding an estimated $6.29M. The largest seller was INCA Investments, exiting entirely with an estimated $33.9M sold.
- 108 institutional investors held Galicia Financial Group (GGAL) as of Q1 2020, down from 118 in Q4 2019.
- Funds reported $175M of Galicia Financial Group stock for Q1 2020, down 61% quarter-over-quarter.
- 17 funds opened new Galicia Financial Group positions in Q1 2020 and 25 closed out, a net change of -8 holders.
- The largest Galicia Financial Group buyer in Q1 2020 was Acadian Asset Management, an estimated $6.29M added.
- The largest Galicia Financial Group seller in Q1 2020 was INCA Investments, an estimated $33.9M sold.
Based on aggregated 13F filings for Q1 2020.